Rangers In “Serious Talks” With Guerrero

3:46pm: Jon Heyman of SI.com tweets that the Rangers are in "serious talks" with Vlad about a deal that would be worth about $5MM plus incentives.

1:52pm:MLB.com's T.R. Sullivan reports that the Rangers have offered Guerrero a contract. However, Sullivan's sources indicate that it wasn't close to $7MM. Interestingly, Sullivan hears from executives who haven't heard Guerrero's name connected with any other team.

The Rangers have expressed interest in Jim Thome, according to Sullivan.

11:20am:Richard Durrett of ESPN.com hears that though the Rangers have been in regular contact with Vlad's representatives, the two sides haven't made progress towards a deal. Guerrero still wants a two-year contract.

10:50am:Yahoo's Tim Brown hears that the Rangers haven't made any official offers to DH candidates.

Vlad hit .295/.334/.460 last year for the Angels and made $15MM. He's in line for a pay-cut this offseason because of his fading power (32 extra base hits last year) and questionable defense (consistently weak, according to UZR/150). Vlad is one of the best hitters of his generation, but the surplus of DH-types probably means he won't see offers much better than this.